AURA BIOSCIENCES INC (AURA) Technical Analysis
NASDAQ:AURA • US05153U1079
Current stock price
AURA Technical Rating and Analysis
Taking everything into account, AURA scores 7 out of 10 in our technical rating. AURA has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month AURA has a been trading in the 5.24 - 7.04 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, AURA outperforms 46% of them, which is more or less in line with the market.
- AURA is an average performer in the Biotechnology industry, it outperforms 50% of 517 stocks in the same industry.
- AURA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AURA is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AURA Weekly and Daily overview Charts
AURA Setup Rating and Analysis
Although AURA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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AURA Support and Resistance Analysis
4.92
We found 2 important support areas.
- A support zone ranging from 5.59 to 5.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.97 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.57 to 6.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 6.80 to 6.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @7.24 from a horizontal line in the weekly time frame.
AURA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AURA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AURA is up. |
| ChartMill Relative Strength | 46.41 | NEUTRAL | AURA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AURA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AURA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AURA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.7 | NEUTRAL | The RSI value for AURA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests AURA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.83 | NEUTRAL | The Stochastics value for AURA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.44 | HIGH VOLATILITY | The high ATR as a percentage value for AURA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.69 | NEGATIVE | The low ADX value for AURA suggests a weak or negative trend. |
AURA Chart- and CandleStick Pattern Analysis
AURA Technicals: Chart, Performance Metrics, Trend & Indicators
6.55
-0.03 (-0.46%)
AURA BIOSCIENCES INC / AURA TA FAQ
Can you provide the ChartMill technical rating for AURA BIOSCIENCES INC?
ChartMill assigns a technical rating of 7 / 10 to AURA.
What is the trend direction for AURA stock?
The current trend direction for AURA BIOSCIENCES INC (AURA) is Bearish.
Can you provide the RSI signal for AURA BIOSCIENCES INC?
AURA BIOSCIENCES INC (AURA) has an RSI value of 62.7033. This indicates that the stock is currently neutral.
What is the short term momentum for AURA stock?
The short term momentum for AURA BIOSCIENCES INC (AURA) is positive.
Can you provide the support and resistance levels for AURA BIOSCIENCES INC?
AURA BIOSCIENCES INC (AURA) has a support level at 5.59 and a resistance level at 6.57. Check the full technical report for our detailed analysis of AURA support and resistance levels.